With all the so-called health care nationalization "debate" (read: railroading) cluttering the airwaves in Washington, you might have missed a critique of Obamacare from an interesting source: no, not Rush, Hannity or Beck, but CHINA. You read that right. The homeland of Anita Dunn's favorite inspirational leader is expressing its concerns over the viability of the plan, according to Reuters' reporter James Pethokoukis:
"Guess what? It turns out the Chinese are kind of curious about how President Barack Obama’s health care reform plans would impact America’s huge fiscal deficit. Government officials are using his Asian trip as an opportunity to ask the White House questions. Detailed questions.
"Boilerplate assurances that America won’t default on its debt or inflate the shortfall away are apparently not cutting it. Nor should they, when one owns nearly $2 trillion in assets denominated in the currency of a country about to double its national debt over the next decade."
Get that? China owns $2 trillion in US debt. Our lender, if you will, is raising a red flag--it's a like a banker noticing that you're behind on your car payments, and wondering why you suddenly have a hankering to buy a boat.
President Obama and his health-care nationalizers should check out the Bible (which would be a great start) and consider Proverbs 22:7 (ESV): "The rich rules over the poor, and the borrower is the slave of the lender."
Wednesday, November 18, 2009
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